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Playing with Trains for Profit.

Source :
TIME Magazine; 8/27/1965, Vol. 86 Issue 9, p78-80, 2p
Publication Year :
1965

Abstract

The article focuses on the concept of businessmen to buying railroad cars in France. It notes on the entrepreneurs Jean-Pierre Bruggeman and Jean Thomachot, who conceived the idea of investing and set up Algeco, a company that buys railroad tank cars to lease to oil companies. Algeco owns over 8,000 tank cars and caters from crude oil to liquid gas in Europe. The company has country clubs, a golf course, a marina and offers investors parcels of seeded forest land for investment.

Details

Language :
English
ISSN :
0040781X
Volume :
86
Issue :
9
Database :
Complementary Index
Journal :
TIME Magazine
Publication Type :
Periodical
Accession number :
54031478